https://www.taxtmi.com/caselaws?id=304663 The court dismissed the appeal filed by the department against the judgment and order passed by the Income Tax Appellate Tribunal for the Assessment Year 2005-06. The court emphasized the importance of following the prescribed procedure under Section 12AA(3) before denying the benefit under Section 11 of the Income Tax Act. It was found that the assessee had met the requirements of Section 11 after being registered under Section 12A, and no misuse of funds was established by the trustees of the Society. The court referenced relevant case laws and concluded that no substantial question of law arose from the impugned orders. en-us Fri, 25 Jul 2014 00:00:00 +0530 Thu, 13 Oct 2022 08:26:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304663 The court dismissed the appeal filed by the department against the judgment and order passed by the Income Tax Appellate Tribunal for the Assessment Year 2005-06. The court emphasized the importance of following the prescribed procedure under Section 12AA(3) before denying the benefit under Section 11 of the Income Tax Act. It was found that the assessee had met the requirements of Section 11 after being registered under Section 12A, and no misuse of funds was established by the trustees of the Society. The court referenced relevant case laws and concluded that no substantial question of law arose from the impugned orders. Case-Laws Income Tax Fri, 25 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304663